SthitaprajnaYogi

GRAPHITE INDIA for 15% (approx..) Gain

Long
SthitaprajnaYogi Updated   
NSE:GRAPHITE   GRAPHITE INDIA
GRAPHITE INDIA is for more than 15% . This trade is purely based on volume and support. volume is continuously increasing. This is a different way of trading based on volume. One can execute this. Don't forget CMP is trading below 200 EMA and the result coming.

CMP : 330
TG : 390
SL : 9 day EMA
R/R : 3 times (Risk to Reward)

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55-EMA, RS<0, MACD, RSI & Super trend up.
4: Fundamental : PE, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
Trade active
Trade active:
Sky-high
Trade closed: target reached:
book half profit and trail SL to last swing low

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